Catch-up effect - occurs when countries that start off poor tend to grow more
rapidly than ... Conditionality - when donors require their developing country
partners to do ... labour evaporates, pushing up wages, consumption and
inflation rates.

Inflation is a sustained rise in the general price level. ... Demand pull inflation
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Hyperinflation in Zimbabwe was a period of currency instability in Zimbabwe that
began in the ... Though this harms the economy, it does not necessarily
undermine the value of the currency, but may harm confidence in the future.
Widespread ...

Jan 31, 2019 ... Test: ECON 101 SI S2019 Exam #1 | Quizlet. Page 1 of 4 https://quizlet.com/
359841232/test? ... inflation. L. an economic system in which the government
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an efficient ... V. occurs when two variable move in different directions;.

It is the difference between the nation's exports & imports; depending on
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Inflation, Unemployment, and Business Cycle . ..... 39) Which of the following
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B When Mexico experiences a period of high inflation and Mexicans lose ... in
their peso as a store of value, which of the following would be most likely to occur
?